e-Power Technology

DoD Awards Lynas Rare Earths $120 Million to Build Processing Plant in USA 

The American subsidiary of Australian-based Lynas Rare Earths has been awarded a follow-on contract for approximately $120 million by the U.S. Department of Defense (DoD) to establish a first of its kind commercial heavy rare earths (HRE) separation facility in the United States.    […]

Materials/Manufacturing

DoD Awards Contract to Lynas to Build Rare Earths Plant in Texas

The U.S. Department of Defense wants to see bags of processed rare earth sitting on domestic soil, feeding the production of neodymium magnets in a politically secure supply chain. Its latest move toward the objective came in February when Australian-based Lynas Rare Earths Ltd, the largest rare earth element mining and processing company outside of China, was awarded a technology investment contract by DoD to build a rare earths processing plant in Texas. […]